DAILY QUIZ APRIL-2018 SOCIAL, ECONOMIC & INDUSTRIAL ISSUES

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1 DAILY QUIZ APRIL-2018 SOCIAL, ECONOMIC & INDUSTRIAL ISSUES All rights are reserved. No part of this document may be reproduced for Commercial or any other purpose without the prior permission of IES GS Page 1

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3 Q1.The Kadaknath Chicken, a breed of chicken unique for its black colour, has been accorded the Geographical Indication (GI) Tag. It belongs to: A. Maharashtra B. Uttar Pradesh C. Andhra Pradesh D. Madhya Pradesh Q2. Consider the following statements with respect to Public Financial Management System (PFMS): 1. To facilitate sound Public Financial Management System for Government of India (GoI) by establishing an efficient fund flow system as well as a payment cum accounting network 2. It is a web-based online software application developed and implemented by the Office of Controller General of Accounts (CGA). Q3. Consider the following statements with respect to BHIM: 1. BHIM is interoperable with other Unified Payment Interface (UPI) applications & bank accounts for quick money transfers online. 2. BHIM is developed by the Reserve Bank of India as a part of the Digital India initiative Page 3

4 Q4. Consider the following statements with respect to PHC s: 1. Primary care and other services to meet the main health problems in a community must be provided equally to all individuals irrespective of their gender, age, caste, color, urban/rural location and social class. 2. Each 24/7 PHC should have a minimum of two doctors apart from a desirable third, apart from three nurses, one lab technician and one pharmacist. Q5. The biggest recipient of loans to small and micro enterprises under the Pradhan Mantri Mudra Yojana (PMMY) is: A. Karnataka B. Maharashtra C. Uttarakhand D. Tamil Nadu Q6. Consider the following statements with respect to CRISIL: 1. It is a global analytical company providing ratings, research, and risk and policy advisory services. 2. CriSidEx is a composite index based on a diffusion index Page 4

5 Q7. Consider the following statements with respect to Bankability Kit: 1. A trusted guide for aspirants and existing entrepreneurs to know entrepreneurial self, know banker & know banking. 2. It has been launched by SIDBI Q8. The National Institutional Ranking Framework (NIRF) launched by: A. Ministry of Finance B. The Ministry of Human Resource Development C. The Ministry of Information and Broadcasting D. Ministry of Commerce Q9. Consider the following statements with respect to minimum wages: 1. A minimum wage is the lowest remuneration that employers can legally pay their workers 2. The Code on Wages Bill 2017 proposes that the minimum wages so fixed by the Central government be applicable to all employments covering only organised sector. Page 5

6 Q10. Consider the following statements about Export Inspection Council (EIC)? 1. It is the official export certification body of Central Government. 2. It notifies the commodities which will be subject to quality control and/or inspection prior to export. Q11. Consider the following statements with reference to algorithm trading: 1. It uses mathematical models and software codes to make transaction decisions on exchanges and execute them at high speed. 2. It is completely banned in India Q12. Consider the following statements with respect to Protection of Human Rights (Amendments) Bill, It proposes to include National Commission for Protection of Child Rights as deemed Member of the Commission 2. It opposes to include more half members as women Members in the composition of the Commission Page 6

7 Q13. The largest producer of crude steel in the world is: A. India B. Japan C. USA D. China Q14. Consider the following statements with respect to AIIB: 1. It is headquartered in Shanghai. 2. China is the largest shareholder in AIIB Q15. Consider the following statements with respect to Monetary Policy Committee: 1. The Finance Minister is the chairperson ex officio of the committee. 2. Governor having the casting vote in case of a tie while taking decisions Q16. Consider the following statements with respect to virtual currencies: Page 7

8 1. It is a type of unregulated, digital money, which is issued and usually controlled by its developers 2. It is issued by the Reserve Bank of India Q17. Sharada Prasad Committee relates to: A. Banking Sector reforms B. Aviation Sector Reforms C. Direct Benefit Transfer Reforms D. Skill India Reforms Q18. Consider the following statements with respect to UDAN-RCS: 1. UDAN (Ude Desh ka Aam Naagrik) is a regional airport development and Regional Connectivity Scheme (RCS) of Government of India 2. It aimed at making air travel affordable and widespread, to boost inclusive national economic development Choose the correct option: Q19. Consider the following statement with respect to Pradhan Mantri Suraksha Bima Yojana Page 8

9 1. The Yojana is available to people between 18 and 50 years of age with bank accounts. 2. It has an annual premium of 12 exclusive of taxes Q20. Consider the following statements with respect to Pradhan Mantri Jeevan Jyoti Bima Yojana 1. In case of death due to any cause, the payment to the nominee will be 2 lakh 2. Pradhan Mantri Jeevan Jyoti Bima Yojana is a government-backed Life insurance scheme in India. C. Both 1and 2 Q21. Consider the following statements with respect to Mahila Shakti Kendra Scheme 1. It will aim to improve declining child sex ratio, 2. To ensure survival and protection of the girl child 3. To ensuring her education and empowering her to fulfil her potential. 4. Empowering them through training and capacity building. A. 1,2 and 3 B. 2 and 3 Page 9

10 C. 1 and 3 D. All of the above Q22. Consider the following statements with respect to Pradhan Mantri Matru Vandana Yojana 1. The maternity under the Yojana are available to all Pregnant Women & Lactating Mothers (PW&LM) including to those in regular employment with the Central Government or State Government or Public Sector Undertaking 2. The scheme is a Centrally Sponsored Scheme Q23. Consider the following statements with respect to Swadhar Greh Scheme: 1. The Swadhar scheme was launched by the Ministry of Home Affairs 2. Swadhar Greh is a DBT compliant scheme. Q24. Consider the following statements with respect to Prompt Corrective Action (PCA) framework: 1. It can cap a bank s lending limit to one entity or sector. 2. It aims to check Non Performance Assets Page 10

11 D. Neither 2 nor 2 Q25. The Minchina Nondani (quick registration) programme organised by A. The Election Commission B. The Finance Commission C. The Ministry of Home Affairs D. The Finance Ministry Q26. Consider the following statements with respect to Satyagraha se Swachhagraha: 1. The campaign being celebrated to mark the end of the centenary year celebrations of the Champaran Satyagraha 2. The campaign was organised by Ministry of Drinking Water and Sanitation, in coordination with the Government of Bihar Q27. Consider the following statements with respect to Schedule H drugs: 1. It a class of prescription drugs listed under Drugs and Cosmetics Rules, 1945 which governs manufacture and sale of all drugs in India. 2. These drugs can be purchased over counter without the prescription of a doctor. Page 11

12 Q28. E- way bill is : A. A system for inter-state transport of goods B. A system for intra-state transport of goods C. A system of trade for intra state goods and services D. None of the above Q29. Consider the following statements with respect to Prime Minister MUDRA Yojana (PMMY): 1. It provides loans upto 10 lakh to the non-corporate, non-farm small/micro enterprises. 2. These loans are given only by Commercial Banks Choosethe correct options: Q30. Consider the following statements with respect to MGNREGA 1. It is an Indian labour law and social security measure that aims to guarantee the right to work. 2. It provides at least 100 days of wage employment in a financial year to every BPL household whose adult members volunteer to do unskilled manual work Page 12

13 Q31. Consider the following statements with respect to Copenhagen Consensus: 1. The project is run by the Copenhagen Consensus Center a non-profit organisation registered in the USA 2. A project that seeks to establish priorities for advancing global welfare using methodologies based on the theory of welfare economics Q32. Consider the following statements with respect to Pradhan Mantri Awaas Yojana Gramin 1. It aims to achieve housing for All by Identification of beneficiaries eligible for assistance to be done using information from Socio Economic and Caste Census (SECC) Q33. Non-performing asset is: A. If the principal or interest is overdue for one day to 30 days B. If the principal or interest is overdue for 30 to 60 days C. If the principal or interest is overdue for more than 90 days D. If the principal or interest is overdue for 60 to 90 days Q34. Consider the following statements with respect to World Health Organisation: 1. It is a specialized agency of the United Nations Page 13

14 2. It is headquartered in Paris, France. Q35. Consider the following statements with respect to Sovereign gold bond: 1. The minimum permissible investment limit will be 1 gram of gold, while the maximum limit will be 20 kg for individual 2. The tenor of the Bond is 8 years Choose the correct option: B. 2 only Q36. Consider the following statements with respect to Ayushman Bharat 1. Coverage of up to 5 lakh a family a year 2. It provides only for secondary care hospitalisation Q37. Consider the following statements with respect to gender Budgeting in India: 1. Part A reflects Women Specific Schemes 2. Part B reflects Pro Women Schemes Q38. Odisha s second longest river bridge was opened on the river: Page 14

15 A. Vamsadhara B. Mahanadi C. Ong D. Ib Q39. Consider the following statements with respect to Meghalaya Community - Led Landscapes Management Project (MCLLMP): 1. It aims to strengthen community-led landscapes management in selected landscapes in the State of Meghalaya. 2. India Signs Loan agreement with World Bank for execution this project Choose the correct options below: Q40. Consider the following statements with respect to Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) India scheme: 1. The scheme was launched in 2015 under National Electric Mobility Mission (NEMM). 2. The scheme is being administered by Ministry of Micro, Small and Medium Enterprises Q41. Recently India is put under currency manipulator watchlist by: A. Japan B. Germany C. Sweden D. The United States Page 15

16 Q42. Consider the following statements with respect to POSHAN Abhiyan: 1. It is a nutritional program 2. The Abhiyan is being implemented by Ministry of Health and Family welfare Q43. Consider the following statements with respect to Anti-Dumping duty: 1. These duties are levied to provide a level playing field to domestic industry by guarding against cheap below-cost imports. 2. Imposition of anti-dumping duty is permissible under the World Trade Organisation(WTO) regime Q44. Some educational institutions are granted minority status. Which of the following is true regarding such institutions? 1. It is a fundamental right of minorities based on religion or language to establish such institutions. 2. The National Commission for Minority Educational Institutions is a quasijudicial body Choose the correct options A. 1 only B. 2 only C. Both 1&2 Q45. Consider the following about maintenance of crude oil pipelines. 1. Pigging operation is done to clean up pipelines internally 2. Cathodic protection prevents corrosion by converting the pipeline to an anode Page 16

17 Choose the correct options A. 1 only B. 2 only C. Both 1&2 Q46. The India Post Payment Bank is established with aims of 1. Increased coverage of agricultural loans in rural areas 2. To promote cashless transactions 3. Improve the household savings Choose the correct options A. 1 only B. 1&2 only C. 2 only D. 1,2 & 3 Q47. Consider the following statements with respect to National Security Council: 1. The National Security Adviser (NSA) is the chief executive of the National Security Council (NSC) 2. The present incumbent of NSA is Ajit Doval Q48. A Kayakalp award recently in the news is: A. An initiative for awards to public health facilities B. An initiative for empowering women in rural areas C. An innovative council of Indian Railways D. None of the above Q49. Changing Wealth of Nations, 2018 book is published by: A. Asian Infrastructure Investment Bank Page 17

18 B. Asian Development Bank C. International Monetary Fund D. World Bank Q50. Consider the following statements with respect to Fugitive Economic Offenders Ordinance 2018: 1. It would lay down the measures to empower Indian authorities to attach and confiscate proceeds of crime associated with economic offenders and the properties of the economic offenders 2. The ordinance has a provision for a Special Court under the Prevention of Money Laundering Act, 2002, to declare a person as a Fugitive Economic Offender Choose the correct option: Q51. Consider the following statements with respect to Rashtriya Gram Swaraj Abhiyan (RGSA): 1. It will strengthen the institutional structure for knowledge creation and capacity building of Panchayats 2. It will create and strengthen democratic local self-government in areas where Panchayats do not exist 3. Promote devolution of powers and responsibilities to Panchayats according to the spirit of the Constitution A. 1 and 2 B. 2 and 3 C. All of the above D. 1 and 3 Q52. 2% quota in govt. jobs for sportspersons recently announced by: A. Karnataka Government B. Telangana Government Page 18

19 C. Haryana Government D. Andhra Pradesh Government Q53. Consider the following statements with respect to The National Commission for Minorities: 1. It is a constitutional body 2. Six religious communities viz; Muslims, Christians, Sikhs, Buddhists, Zoroastrians (Parsis) and Jains have been notified as minority community Q54. Consider the following statements with respect to New Coastal Regulation Zone 2018 draft: 1. The Hazard Line shall be used only as a tool for Disaster Management and planning of adaptive and mitigation measures. 2. CRZ limits on land along the tidal influenced water bodies has been proposed to be reduced from 100 to 50 meters or the width of the creek, whichever is less. 3. The Ministry of Environment, Forest and Climate Change (MoEF & CC) has framed a new draft Coastal Regulation Zone (CRZ) A. 1 and 2 B. 2 and 3 C. All of the above D. 1 and 3 Q55. Consider the following statements with respect to Extended Pradhan Mantri Ujjwala Yojana 1. The target has been raised from 5 crore LPG connections to 8 crore LPG connections across the country 2. The scheme would cover SC/ST Households only Page 19

20 Q56. The think tank on the Framework for National Policy on E-commerce has been established recently by: A. Ministry of Finance B. Department of Commerce C. Ministry of Corporate Affairs D. None of the above Q57. Consider the following statements with respect to remittances: 1. India is the highest recipient of remittances 2. Economic growth in US and a rise in oil prices have helped in increase in remittances Q58. Consider the following Statements with respect to Securities Transaction Tax 1. It is an Indirect tax 2. It is payable on the value of taxable securities transaction done through a recognized stock exchange in the country. Q59. Consider the following statements with respect to Electoral Bond Scheme: 1. These bonds can be purchased by any Indian citizen or body incorporated in India Page 20

21 2. These bonds can be used for registered political party only Q60. Consider the following statements with respect to Pradhan Mantri Rashtriya Swasthya Suraksha Mission: 1. It aims at correcting the imbalances in the availability of affordable healthcare facilities 2. The mission is under the Ministry of Health and Family Welfare 1. 1 Only 2. 2 Only 3. Both 1 and 2 4. Neither 1 nor 2 Q61. The World Development Report released by: A. International Monetary Fund B. World Bank C. NITI Aayog D. United Nations Development Programme Q62. India signed Loan Agreement for the Innovate in India for Inclusiveness Project with: A. International Monetary Fund B. World Bank C. Asian Development Bank D. United Nations Q63. Two craft forms that are unique to Telangana were recently granted the Geographical Indication (GI) tags are: Page 21

22 A. Adilabad Dokra and Warangal Durries B. Adilabad Dokra and Kalamkari C. Warangal Durries and Kalamkari D. None of the above Q64. Consider the following statements with respect to Unnat Bharat Abhiyan: 1. It is under Ministry of Human Resource Development, Government of India programme 2. It aims to uplift rural India. A. 1 only Q65. Consider the following statements with respect to the Fifth Schedule of the Indian Constitution: 1. Any area, except those in the states of Assam, Meghalaya, Tripura and Manipur, can be included as a Scheduled area under the fifth schedule of the constitution 2. Recently, the cabinet approved an order to include some tribal areas from Rajasthan under the fifth schedule. Q66.Consider the following statement with respect to Monthly Payroll Data 1. The categorized age-wise has been released for the first time in India 2. The EPFO, The ESIC and the PFRDA have released payroll data. Page 22

23 Q67.Consider the following statements with respect to Innovate in India (i3): 1. It a flagship program of the Government of India in collaboration with World Bank 2. The Mission is to make India a hub for design and development of novel, affordable and effective biopharmaceutical products and solutions Q68.National Intellectual Property (IP) 2018 Awarded to: A. The Council of Scientific & Industrial Research (CSIR) B. Bhabha Atomic Research Centre C. Indian Space Research Organisation D. Hindustan Aeronautics Limited Q69.Consider the following statements with respect to Van Dhan Scheme 1. The Training and technical support for the scheme is provided by TRIFED Self Help Groups of 30 Tribal gatherers is constituted under the scheme Choose the correct option: Q70. Consider the following statements with respect to Adopt a Heritage scheme: 1. It is UT s Governments. Page 23

24 2. The project primarily focus on providing basic amenities on the Heritage sites Q71.The First responder course aims to: A. To develop disaster medicine and management, plans to train citizens in medical emergency response, disaster preparedness and mitigation techniques. B. To help pregnant women C. To help Senior citizens D. None of the above Q72.The Special 301 Reported by: A. International Monetary Fund B. World Bank C. Department of Industrial Policy and Promotion D. The United States Trade Representative (USTR) Q73.Consider the following statement with respect to National Investment Fund: 1. To receive disinvestment proceeds of central public sector enterprises and to invest the same to generate earnings 2. The fund was kept outside the consolidated fund of India Q74.Consider the following statement with respect to The National Council on Nutrition 1. Headed by Chairman of the NITI Aayog Page 24

25 2. It provides policy directions to address nutritional challenges in the country 3. Recently it has unanimously rejected the proposal to replace ready-to-eat food as take-home dry rations A. 1 and 2 Only B. 2 and 3 Only C. All of the above D. 1 and 3 Only Q75.Consider the following statements with respect to Fiat money: 1. It does not have an intrinsic value of its own 2. It cannot be refused by any citizen of the country for settlement of any transaction Which of the statements given above is/are correct? Page 25

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Government Schemes. Pehal- A Max Life CSR initiative

Government Schemes. Pehal- A Max Life CSR initiative Government Schemes Pehal- A Max Life CSR initiative Know about Govt. Schemes and benefits from them Indian Government has announced Welfare Schemes for a cross section of the society, at all levels, from